I just put out a report titled ‘Winter Is Coming.’ This report focuses on the opportunity for investors as well the global problems that remain unresolved. For investors, the high quality mining shares have 10-times upside potential from current levels. The sentiment in the mining shares is extremely negative, and the long-term relative strength in this group is almost at zero. This is an incredibly rare set up.
In the midst of all this negative sentiment, China continues to buy gold. The Russians also continue to be big buyers of gold. The Russians are now the 5th largest holder of gold in the world, ahead of even China — who’s last reported figures date back to 2009. So central banks are still buying gold and it’s just a matter of time before we get a substantial move higher in the price.
Please follow SGT Report on Twitter & help share the message.